REG - Canadian General Inv - Dividend Declaration

Canadian General InvestmentsAnnouncement

25/04/2025 07:00

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RNS Number : 1363G  Canadian General Investments Ld  24 April 2025

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX: CGI

LONDON STOCK EXCHANGE: CGI

 

April 24, 2025

 

Canadian General Investments, Limited

Declares Dividend on Common Shares

 

TORONTO, CANADA -- Canadian General Investments, Limited ("CGI" or "the
Company") has declared a quarterly dividend of $0.27 per share payable on June
15, 2025 to common shareholders of record at the close of business on May 30,
2025 ("the Dividend"). This dividend is designated as an "eligible dividend"
for purposes of the Income Tax Act (Canada).

 

CGI has the ability to pay two types of dividends to common shareholders:
regular (taxable) dividends, such as this one, and capital gains dividends.
Since CGI qualifies as an investment corporation for Canadian income tax
purposes, the payment of capital gains dividends allows the Company to recover
taxes paid, or payable, on realized capital gains.

 

CGI is a closed-end equity fund, focused on medium to long-term investments in
primarily Canadian corporations. Its objective is to provide better than
average returns to investors through prudent security selection, timely
recognition of capital gains/losses and appropriate income generating
instruments.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: (416) 366-2931

Fax: (416) 366-2729

e-mail: cgifund@mmainvestments.com (mailto:cgifund@mma-investmgr.com)

website: www.canadiangeneralinvestments.ca
(http://www.canadiangeneralinvestments.ca)

 

 

 

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